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, is this going to be the norm going forward? are there more acquisitions to be done in terms of technology and international? >> we are clearly going to be investing in technology. no doubt about it. now, whether it's acquisitions or our oh own capabilities, i spent monday and tuesday in our office in san bernardino, california, and we have acquired talent, the best talent in the world, the smartest in silicon valley, that i continue to be enthused. so we will invest in different ways in the area of technology. and at the same time, we're going to continue to invest in stores. we think the overlap -- having 11,000 retail stores around the world and the world's best technology -- we think produces the world's best way to serve consumers in every market, so we're going to continue to invest in both in order to serve customers with this overlap of technology and stores. >> you know, it's interesting that you mentioned -- first of all, will you take people from amazon.com? what about the talent there? >> well, we have great respect for all competitors, including amazon and other competitors. a
the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. >> well, i think to be honest, russian and chinese, these are authoritarian governments. this is a client state. they are worried about, the only thing chinese care about is continuing access to oil supplies out of the region. syria is not much importance to any of us in terms of national security. i think they are symbolic. they will halt legitimacy through the u.n. they won't oppose us on the ground. the question will be, if we pull off this strike with 200 tomahawks some time this weekend, what's the likely outcome? it is unpredictable. unlikely to be good. you want to use military power and tell the u.s. air force and navy, you've got 60 days to bring down the assad regime, they'll do it. there's no question. then we will live with the follow-on war in which they try and eliminate the christians, the -- et cetera. >> thank you for your thoughts today. >> thank you. >> bill, not a lot of good options f
nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. >>> finger pointing and name calling. that's been the game between the nasdaq and new york stock exchange since last thursday. now the federal government is demanding hard answers. >> the two exchanges are blaming one another for the destruction and now the securities and exchange commission heard enough. its head mary jo white demanding they meet september 12th to give a clear picture of exactly what happened. what's on the line at the meeting and what's the future of these exchanges? with us, david wield, former vice chairman and chris nagy, served on the board of the philadelphia stock exchange and amex option s exchanges. william. >> thank you. >> thank you. >> from your perspective, how important is the nasdaq prove it's not at fault jmplt you c? >> you can look at the structure. both at fault in some way. blaming the markets isn't particularly productive. they've become so complicated, some respects
out there using technology. so they today halt traysing. now they are testing one stock to see if it is working. if it works they will try to get the whole system up by 3:25 eastern as we heard. trading here as been relatively normal, if you want to call it that. >> we didn't see a pick-up in volume here. it is possible to trade nasdaq listed stock at new york stock exchange. that in theory would be a back up. however there was a halt in the nasdaq listed stocks, trading just behind me. shortly after nasdaq stopped trading because nasdaq requested nyse to halt trading. there is a back up here to trade elsewhere but in reality that back up isn't working very well. by the way, there is speculation about what happened. there are two possibilities. one is potentially a hack in their system. we don't know this for sure but that's a possibility. other is i think the most likely, just a software failure. remember, these are legacy systems. nyse and nasdaq has software built upon software that goes back many years. it has to interact with old software and software with other systems. a
that the stocks as a group, mandy, are part of the prior cycle leadership and rather be in industrials, technology and financials in the states relative to global precious metals at these levels. >> are you among those that keep a portion of a portfolio in gold anyway as a hedge? 5% or whatever? >> well, we do for some of our blended portfolios, bill, when we take a look at holdings both in canada, in the united states. but our u.s. portfolios we look at are benchmarked toward the u.s. and what we want to do is be cautious here in the materials space given where fundamentals are. 2% or 3% position is prudent in the u.s. at these levels. >> can i follow up on what you were saying about industrials, brian? you know, a lot of industrials, you know, they have assets in various geographies around the world and in light of the fact of seeing stabilizations in the regions, brian, do you feel that that hasn't yet been priced in yet and could be part of the upside you see? >> it's an excellent point, mandy. i think the big thing on industrials are investors over ten years used industrials for the increment
the economy has changed. the twin forces of technology and global competition have subtracted those jobs that once provide foot hold into the middle class. reduced the bargaining power of american workers. our politics has suffered. entrenched interests, those who benefit from an unjust status quo resisted any government efforts to give working families a fair deal. martialing an army of lobbyists and opinion makers to argue that taxes on the wealthy who could afford just to fund crumbling schools that all these things violated sound economic principles. we be told that growing inequality was a price for a growing economy. a measure of a free market. that greed was good. and compassion ineffective. and those without jobs or health care had only themselves to blame. then there were those elected officials who found it useful to practice the old politics of division, doing their best to convince middle class americans of a great untruth that government was somehow itself to blame for their growing economic insecurity. that distant bureaucrats were taking their hard earned dollars to benefi
Search Results 0 to 5 of about 6

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